Pick Top Stocks For 2019, Best Stocks For 2019

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Holding a stake in great businesses that regularly pay dividends and then reinvesting those payouts is one of the most dependable paths to long-term wealth creation. The challenge, then, is finding companies that are positioned to sustain a high level of performance and keep that returned income flowing while also shoring up the future of the business.

With that in mind, we asked three Motley Fool investors to identify a top high-yield stock that’s worth holding forever. Read on to see why they picked these stocks.

Top Warren Buffett Stocks To Invest In Right Now: Moelis & Company(MC)

In the wake of the financial crisis, with so many investment banks tarnished (or in some cases gone), there was an opportunity for an independent company to step up. That’s exactly what Moelis & Co (NYSE:MC) has done — and so far it’s been a raging success.

A company founded in 2007 now is worth over $3 billion. MC stock has risen 132% from its 2014 IPO price of $25. Moelis even was named an adviser to the Saudi Aramco IPO, potentially the largest ever.

Fundamentally, Moelis just keeps chugging along. Adjusted EPS rose 56% in Q1 on the back of a 27% jump in revenue. The company continues to add new directors and partners, while expanding its geographic reach. Without the other divisions — and potential conflicts of interest — seen at larger rivals like Goldman Sachs Group Inc (NYSE:GS) and Morgan Stanley(NYSE:MS), Moelis continues to win more than its fair share of deals.

Meanwhile, a recently raised dividend yields 3.2%, and the company holds no debt. A 19x forward P/E multiple might be considered a bit pricey — particularly because Moelis has a good deal of cyclical risk. Any slowdown in M&A, in particular, could send its revenue and earnings falling.

Still, from a qualitative standpoint, Moelis seems to be in the right place at the right time. And it seems to have a path to grow into a behemoth in corporate finance while rewarding shareholders along the way.

Top Warren Buffett Stocks To Invest In Right Now: Sportsman's Warehouse Holdings, Inc.(SPWH)

Guns-and-camo outfitter Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) has seen shares languish since dropping off a cliff in early 2017 as President Trump’s election lessened the impetus for many firearm enthusiasts to make purchases out of fear of pending legislation outlawing things like AR-15s or expanded capacity magazines.

After basing for the last two years, shares look ready to run higher thanks to the action in retail stocks in general lately.

The company will next report results on Aug. 16 before the bell. Analysts are looking for earnings of 16 cents per share on revenues of $204.2 million. When the company last reported on May 24, a loss of eight cents per share beat estimates by two cents on a 14.8% rise in revenues.

Top Warren Buffett Stocks To Invest In Right Now: NVIDIA Corporation(NVDA)

Source: Shutterstock

Nvidia (NASDAQ:NVDA) is a leading computer graphics company, making graphic processing units (GPUs) for consumers and businesses.

These GPUs enhance the processing capability of its users’ computers.

The company has been in the computer graphics business for more than two decades — it invented the GPU in 1999 — so it is a well-established player.

In a recent earnings report, company management noted that NVDA “achieved another record quarter, capping an excellent year.” The fact is, this could be almost any quarter since 2016.

If you look at NVDA’s historic price chart, you can see that the stock goes parabolic in 2016. That’s when the mobility trend took off and enabled all the sectors that NVDA has come to dominate: cloud, augmented reality, virtual reality, Internet of Things, Big Data, smart devices, etc.

NVDA is to the future of computing what Amazon (NASDAQ:AMZN)has become to ecommerce.

Top Warren Buffett Stocks To Invest In Right Now: Enterprise Products Partners L.P.(EPD)

If you think a yield of 3% or 4% sounds good for a retirement account, I’ll bet a 6.3% yield sounds fantastic. Better yet, this stock’s payout is driven by a stable, fee-based business that’s one of the largest of its kind, which makes it an excellent choice for conservative investors. The company is energy infrastructure master limited partnership (MLP) Enterprise Products Partners.

Before you rush out to buy it, though, be aware that MLP ownership isn’t for everyone — some extra tax hurdles come with those fat yields. But if you do the research and decide you can handle it, Enterprise can be an attractive investment for retirees.

The company has upped its quarterly distribution — the MLP equivalent of a dividend — for an impressive 53 consecutive quarters, with an average annual increase of about 5% over the last decade. That track record of growth is especially important to investors on fixed incomes, as it helps to ensure that the power of a company’s payout won’t get gradually eaten away by inflation. However, Enterprise Products Partners has signaled that it may ease back on that growth rate in 2018.

That’s actually a good thing for investors, because a temporary distribution-growth slowdown will help the company strengthen its already-steady financial situation. It will have more cash available to finance growth projects, maintain its high credit rating, and give itself added flexibility to reaccelerate its distribution growth later, or possibly even buy back units.

For retirees looking for an excellent yield, a conservative investment, and a bright future, it doesn’t get much better than Enterprise Products Partners.

Scores of companies generate huge returns for their investors without making splashy financial headlines. That’s why it can make a great deal of sense to look for stocks to buy that Wall Street is currently ignoring.

So, which stocks are potential hidden winners that can be safely purchased today? We asked a team of investors to weigh in, and they picked these stocks.

Best Financial Stocks To Watch For 2019: 8×8 Inc(EGHT)

If you want to beat Netflix at its own high-growth game, you will have to take some risks. On that note, let me introduce you to 8×8, the most exciting little telecom-like company you’ve never heard of.

8×8 sells voice and video communications services built on cloud-computing concepts. The company mostly serves small and medium businesses at this point, but it has started to sniff around a few huge customers in the enterprise category. Big contracts are the long-term future of this business. According to CEO Vik Verma, only 10% of the enterprise communications market is served by cloud-based solutions today, leaving the vast majority of a $50 billion annual sales opportunity untapped.

Now, 8×8 is hardly the only game in town. Besides a handful of other cloud communications specialists, the big boys of the telecom world also dip their toes into these waters. There are no guarantees that 8×8 will beat all comers and become the undisputed king of internet-based enterprise communications. But you can’t win if you don’t play, and 8×8 is most definitely in the game.

This company has some high-growth chops. Over the last five years, 8×8’s revenues have increased by 160%, closely followed by 184% higher share prices. But shares are trading at a mind-boggling 208 times forward earnings estimates and 109 times the company’s free cash flows. At these nosebleed levels, it’s a volatile ticker that’s prone to sudden jumps — and the occasional crash.

So, I’m not 100% sure that 8×8 is a guaranteed long-term winner. All I’m saying is, if the company keeps up the good work for another few years, it could make shareholders very happy indeed.

If.

Don’t back up your truck to the buying window. This is a lot of speculation and a certain amount of gambling, but that’s what it takes to beat Netflix, in my book.

Best Financial Stocks To Watch For 2019: NVIDIA Corporation(NVDA)

Imagine your daughter or son 20 years from now, chatting with you in a beach house overlooking a gorgeous white sand beach with their kids — your grandchildren — splashing in the crystal-clear water. Your adult child is telling you about how much the kids love their new pediatrician. Here’s the kicker: You’re not in a beach house and are instead in a virtual reality world while your fully autonomous car is driving you to visit your child. And that pediatrician is a robot.

Too far-fetched? Maybe, but maybe not. And if it does come about, your grown-up offspring would likely be bragging to you if you had bought them shares of NVIDIA. The company is at the center of the technologies that could make that future possible.

NVIDIA’s graphics processing units (GPUs) power the world’s most popular video game applications, which makes them perfect for virtual reality as well. The company’s GPUs are also well suited for artificial intelligence (AI) applications. And NVIDIA ranks as a key leader and innovator in self-driving car technology.

Being at the forefront of several enormously important tech trends caused NVIDIA stock to soar close to 900% over the last three years. I expect NVIDIA to remain an important player in these areas for a long time to come. There should be plenty of room for the stock to go much higher over the long run — even if the future doesn’t turn out exactly like I think it will.

Best Financial Stocks To Watch For 2019: Euro FX(P)

The first stock on this list may come as a complete surprise considering its core business is still in free-fall, but streaming music company Pandora Media Inc (NYSE:P) is actually a cheap stock on the rise.

The company started to turn around its business by finally pivoting away from its core ad-supported streaming music platform. Pandora just acquired digital-audio tech firm AdsWizz, and in doing so, potentially changed the entire company’s growth narrative from dying streaming music platform to growing audio-streaming advertising marketplace.

AdsWizz is a firm that specializes exclusively in digital audio advertising. Based on management commentary, it seem like Pandora is planning on using AdsWizz to create a centralized digital audio advertisement marketplace. This could have potentially huge effects, seeing as the digital audio advertising market is expected to grow by a ton over the next several years as radio ads shift to the digital format.

In other words, the whole idea is that the AdsWizz acquisition accelerates Pandora’s ad-tech roadmap, thrusts the company more deeply into the secular growth audio advertising market, ditches the company’s reliance on its struggling streaming music platform, and opens up new revenue opportunities.

That is a solid formation for a bull thesis on Pandora stock.

Meanwhile, the company just reported first quarter numbers, and they were much better than expected. While the core ad-supported streaming music platform continues to dwindle in popularity, the subscription business is actually growing nicely, and that fits in well with this company’s big turnaround story.

Pandora stock used to be north of $30. Today, it is still only $7. Therefore, if this turnaround plays out to completion, Pandora stock could still head markedly higher.

Retirement investors have been done a terrible disservice over the years. They’ve been told that they should move into dividend stocks and bonds in order to generate income for their retirement years, and stay away from growth stocks.

The problem with this approach is that inflation is not 3%. It is actually closer to a range of 8% to 10%. As a result, your retirement portfolio is improperly skewed towards investments that are not going to give you the return you need.

My investment advisory newsletter, The Liberty Portfolio, is designed to meet or beat the actual rate of inflation. One of the ways it does this is by zeroing in on some very carefully selected growth stocks for your portfolio.

Growth stocks are a critical part of any portfolio, including retirement portfolios. Here are suggestions for three stocks you may want to look at, and that The LibertyPortfolio either owns or is considering.

Top Undervalued Stocks To Watch For 2019: UBS AG(UBS)

How high is a "high yield?" Does nearly twice the average dividend payout on the S&P 500 qualify? Because if it does, then UBS Group AG just might be the stock you’re looking for.

UBS pays a 3.9% dividend yield, which seems pretty high to me, given that the average stock on the S&P pays just 2%. Admittedly, right now UBS doesn’t look like it should be paying so much out in dividend checks, as "3.9%" is about 122% more money than UBS actually earned last year. But here’s the thing — and here’s why I think UBS stock might be worth a look despite its high payout ratio and similarly high P/E ratio (currently 61 times earnings).

Last year, UBS’s profits got hit by the one-two punch of a $1.2 billion restructuring charge, and a $4.2 billion income tax bill. That tax bite, however, was much more than UBS had paid in any of the previous five years. In fact, it was more than UBS paid in all of the previous five years combined. As such, it seems likely that last year’s tax hit was a one-time thing related primarily to the effects of tax reform in the U.S., and not likely to repeat in future years. Going forward, I think it more likely we’ll see UBS turn in annual profits closer to the $3.2 billion it earned in 2016 — or even the $6.2 billion it earned in 2015 — than the $1.1 billion it earned last year.

With a corporate history stretching back more than 150 years, UBS is a bank stock built to stand the test of time — and to keep on paying you dividends forever.

Top Undervalued Stocks To Watch For 2019: AudioCodes Ltd.(AUDC)

AudioCodes designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. AUDC is a solid growth pick, with earnings expected to improve by 22% and revenue projected to expand by 9% this year. Meanwhile, the stock has a P/E of just 15.8, which is a discount compared to the average of our “Communication – Components” group. Its P/S ratio of 1.2 also helps show that investors are getting a great price on this stock. AUDC is currently sporting a Zacks Rank #2 (Buy).

What would a list of potential dividend increases be without a Dividend Aristocrat?

Leggett & Platt, Inc. (NYSE:LEG) is one of the more diversified manufacturers out there, producing a swath of products used in businesses, in homes and even in transit. Just a few examples?

Its residential products include bedding, carpet cushions and furniture fasteners; its industrial products include various types of wires and sterling steel rods; and it even boasts an aerospace division that includes tubes and ducts.

That diversification has allowed Leggett to build a 47-year history of interrupted dividend increases, and No. 48 should be on the way in May. The company typically makes an announcement during the middle of the month.

Top Undervalued Stocks To Watch For 2019: AutoZone, Inc.(AZO)

Source: Shutterstock

Auto parts retailer AutoZone, Inc. (NYSE:AZO) is known as one of the ‘steadiest performers’ in the auto parts retail space. And now the stock has received a big thumbs up from Goldman Sachs’ Matthew Fassler. On May 7 Fassler added AZO to its ‘Conviction Buy’ list. This is a group of elite stocks that the firm expects will outperform the market.

Following a ‘more normative’ winter of 2017-2018, Fassler expects a ‘solid’ summer season as auto parts de-thaw. This can create parts failure — boosting AZO sales. At the same time, sales of auto parts correlate with cars over 10 years old. In 2019 this segment will become more evident as the “last stages of the hangover” from the 2009 financial crisis hit predicts Fassler.

The best part is that AutoZone boasts a “rich” free cash flow yield of 8.5% on 2018 estimates and 8.3% on 2019 estimates. Plus AZO is trading near the low end of its recent historical relative P/E range right now. Note that AutoZone is also a top pick at Fenimore Capital Asset Management.

Interestingly, our data shows AZO as a ‘Moderate Buy’ stock. However, if we limit recent ratings to only those from the best-performing analysts, this consensus shifts to ‘Strong Buy’. Meanwhile, the average price target from these analysts of $819 indicates big upside potential 26% from current levels.

Top Undervalued Stocks To Watch For 2019: NVIDIA Corporation(NVDA)

Source: via Nvidia

Nvidia Corporation (NASDAQ:NVDA) has received a slew of bullish calls from the Street in the last month. All eyes are on the chip giant right now ahead of its first quarter earnings results on May 10. “Expect beat/raise … We remain positive on NVDA ahead of Q1 results,” five-star Bank of America analyst Vivek Arya told clients on May 7.

“In our view, FQ2 sales outlook can be at-least inline or better than consensus from continued data center strength, start of Nintendo Switch sales, workstation demand, and shift of GPU sales to gamers from miners” this five-star analyst added. He is predicting that prices can soar to $300 from $248 currently.

And the longer-term outlook for NVDA is even more impressive given its ‘unparalleled strength’ in both auto and AI. Top Goldman Sachs analyst Toshiya Hari advises investors not to be alarmed by any short-term choppiness: “Despite the potential near-term volatility, our long-term thesis on the stock is intact — we continue to see Nvidia as one of the best-positioned companies in the Semiconductor space with exposure/leadership in AI, PC gaming, and further down the road in L4/5 autonomous cars.”

SunTrust Robinson’s William Stein agrees. He believes shares have 23% upside right now (which would take shares to $305) and sees huge potential for NVDA in the self-driving space. Meaningful revenue from autonomous driving should hit in the next 2-3 years advises Stein. As a result, he urges investors to buy any weakness.

When most investors think of artificial intelligence stocks come to mind — and well they should.

Nvidia’s graphics processing hardware has proven an ideal way to complete the intensive number-crunching required by most AI applications, and Microsoft has arguably acquired a number of artificial intelligence companies, garnering some new and impressive technologies it has yet to turn into a practical product. Those products are in the works, though.

Many more organizations have waded into artificial intelligence waters, however — more than you might realize. A bunch of them are smaller and, perhaps, even unknown names. That doesn’t make them inferior AI stocks, however. Indeed, many of these unknown names rank among the best artificial intelligence stocks available to investors today.

With that as the backdrop, here’s a run-down of three AI names you may not have realized were artificial intelligence plays — if you realized they existed at all.

Hot Tech Stocks To Watch Right Now: NVIDIA Corporation(NVDA)

Source: Shutterstock

INTC stock is up 45% over the past 12 months. MU stock is up 70%.

But even those huge gains pale in comparison to the gains made by NVIDIA Corporation(NASDAQ:NVDA) over the past year. During that stretch, NVDA stock has risen by more than 140%.

That is especially impressive considering NVDA is among the biggest in the group, meaning these huge gains have come from a big base.

As such, it is easy to tell that a lot of things have gone right for NVDA. Remember all those secular growth markets that are creating robust demand in the semiconductor space (data-centers, AI, IoT, and automation)? NVDA is the king in each of those markets, and the company’s leadership position appears to be only strengthening as the markets get bigger.

As such, NVDA stock should be able to stay hot.

That said, valuation is a concern for this stock. NVDA stock trades at 40-times this year’s projected earnings. That is a much bigger valuation than is normal for a chip stock.

But NVDA also deserves this huge multiple. Revenues have grown by around 40% per year over the past 2 years, and are expected to rise another nearly 30% this year. Meanwhile, margins are powering higher, and earnings are expected to rise 30% this year and more than 15% next year.

Thus, the 40-times forward multiple feels rich, but not unnecessary. There may be some near-term turbulence in the stock as fundamentals catch up to the stock price, but overall, this chip stock should head significantly higher in a long-term window.

Hot Tech Stocks To Watch Right Now: Grupo Supervielle S.A. (SUPV)

Grupo Supervielle SA (NYSE:SUPV) based in Buenos Aires, Argentina, the company is a private domestically-owned financial group primarily in Argentina. The company owns Banco Supervielle S.A., an Argentine private domestically-owned bank.

Grupo Supervielle has expected earnings growth of 27.7% for current year. The Zacks Consensus Estimate for the current year has improved by 4.3% over the last 60 days.

Hot Tech Stocks To Watch Right Now: Mellanox Technologies, Ltd.(MLNX)

You may not have heard of chip maker Mellanox Technologies, Ltd. (NASDAQ:MLNX) — but in the last six months this “strong buy” stock has jumped by 77%. What’s more, there is still plenty of upside potential left! Mellanox is a leading supplier of computer networking products using InfiniBand and Ethernet technology. The stock is buzzing after the company positively pre-announced first quarter earning results. Most notably, midpoint of revenue guidance increasing by $18 million, or 8%, to $245 million.

On the news, top Loop Capital analyst James Kisner boosted his MLNX price target from $80 to $90. The new price target suggests 28% upside potential from current levels. For Kisner, MLNX stands to benefit from 1) the adoption of high-speed Ethernet network interface cards and 2) switches by hyperscale internet/Web 2.0 companies.

Most interestingly, Kisner isn’t concerned about the company’s activist spat. On the contrary, he sees the involvement of Starboard Value LP as a positive catalyst that could lead to a company sale or operating improvements. Starboard owns 10.6% of Mellanox shares and is currently pushing to take over the board of directors.

Hot Tech Stocks To Watch Right Now: Equinix Inc.(EQIX)

The company’s top-line reached $4,368 million as of its latest fiscal year, up 131.5% from fiscal year December 2012. Over that time period, Equinix’s revenue growth has ranged from 11.5% to 32.5%.

Wall Street analysts estimate that Equinix’s total revenue will continue to grow at an annual rate of 10.1% over the next five years.

Equinix’s stock currently trades at $414.48 per share as of Tuesday, up 9.4% over the last year. On a fundamental basis, the company’s stock is trading at a 7.0% discount to finbox.io’s intrinsic value estimate.

Hot Tech Stocks To Watch Right Now: Camtek Ltd.(CAMT)

Camtek Ltd. (NASDAQ:CAMT) is a developer of automatic optical inspection systems that are used to enhance both production processes and yield for manufacturers in the circuit board and semiconductor industries.

After posting better-than-expected earnings results last week, CAMT has moved to a Zacks Rank #2 (Buy), and its resulting share price surge has earned it an “A” grade for Momentum in our Style Scores system.

Camtek is also an exciting growth pick, with EPS figures expected to improve by 81.5% in the current fiscal year and an additional 25.5% in 2019. Still, the stock is trading with a Forward P/E of just 16.1 and a P/S of 2.8—so its valuation is hardly stretched considering its rapid expansion opportunities.

Gold prices hit $1,350 per ounce for the 13th time in the last five years in yesterday’s trading, after hovering around the psychological level of $1,300 over the last week.The prime catalyst behind the rally was the military attacks in Syria, spearheaded by the United States and its allies.

Furthermore, war-related geopolitical risks are lifting up crude oil prices, in turn boosting gold’s value in the market. Gold bullion ETF SPDR Gold Shares (GLD) has gained about 2.4% in the last month.

At this juncture, allocating your hard-earned money in selective gold mining stocks can prove to be a masterstroke.

Top 10 Dividend Stocks To Buy For 2019: Euro FX(P)

Pandora (NYSE:P) shares have blasted out of a long consolidation range — which ran between November and April — and hopes of an emerging turnaround for the internet streaming music pioneer.

New management has managed to engineer an increase in paid subscriptions and stabilize user metrics. Analysts at B. Riley FBR upgraded shares to “buy” on what they see as meaningful business improvements and an attractive valuation.

The company will next report results on July 31 after the close.

Analysts are looking for a loss of 16 cents per share on revenues of $372.50 million. When the company last reported on May 3, a loss of 27 cents per share beat estimates by eight cents on a 1% rise in revenues.

The name might be a little misleading, but Renewable Energy Group (NASDAQ: REGI) is a leading eco-friendly stock nonetheless. The company is the nation’s largest biodiesel producer, processing inedible agricultural products into over 450 million gallons of biofuel every year that is blended with petroleum-based fuels to reduce emissions. It has quietly grown its footprint over the years despite political wrangling over key subsidies for the industry. Aside from perennial uncertainty, things have worked out for the business: the reinstatement of an important tax credit just netted the company a $205 million windfall.

While biodiesel alone is good for the environment on the whole, Renewable Energy Group has set its sights on next-generation renewable diesel, with 75 million gallons of annual production today. The fuel is chemically-identical to petroleum-based diesel, but manufactured from animal fats or other renewable oils in a special process. It provides more compatibility with existing infrastructure, which will broaden its market share and help to provide no-compromise transportation fuels.

Top 10 Dividend Stocks To Buy For 2019: Camtek Ltd.(CAMT)

Camtek is a developer of automatic optical inspection systems that are used to enhance both production processes and yield for manufacturers in the circuit board and semiconductor industries. After posting better-than-expected earnings results last week, CAMT has moved to a Zacks Rank #2 (Buy), and its resulting share price surge has earned it an “A” grade for Momentum in our Style Scores system.

Camtek is also an exciting growth pick, with EPS figures expected to improve by 81.5% in the current fiscal year and an additional 25.5% in 2019. Still, the stock is trading with a Forward P/E of just 16.1 and a P/S of 2.8—so its valuation is hardly stretched considering its rapid expansion opportunities.

Top 10 Dividend Stocks To Buy For 2019: Axon Enterprise, Inc.(AAXN)

In April 2017, the company formerly known as Taser International re-branded as Axon Enterprise Inc (NASDAQ:AAXN).

As part of the re-branding, the company essentially changed the focus of its whole business model from selling tasers to selling body cameras and the accompanying data management and cloud storage solution. To accelerate this transition, Axon agreed to give away free body cameras to every police officer in the United States for a year.

Wall Street hated the idea. AAXN, after all, is a business, not a charity. The stock dropped to $21, and it stayed there for a few months as the numbers over the next several quarters showed significant margin pressure.

But time and time again, I said to buy AAXN stock while its margins and valuation were depressed (read here, here, and here). The whole idea was that everyone would love the one-year free trial, and subsequently, AAXN would sell a whole bunch of body cameras, smart weapons, and cloud subscriptions the following year.

Indeed, that has happened. AAXN just reported robust fourth quarter numbers alongside a strong guide that called for continued strong revenue growth and big margin expansion. AAXN stock jumped to above $40 on the news.

Moreover, since that report, it seems like everyone and their best friend is ordering smart weapons and body cameras. In the month of April alone, the Chicago Police Department ordered nearly 3,500 smart weapons, the Montgomery County Police Department rolled out in-car cameras to 900 vehicles, and the Kent and Essex Police forces in the UK ordered almost 5,000 Axon cameras.

Clearly, this is one of the hottest turnaround stories on Wall Street. AAXN was a $20 stock not too long ago. Now, it’s at $42, and the momentum is only building.

Top 10 Dividend Stocks To Buy For 2019: NVIDIA Corporation(NVDA)

Perhaps the most prominent names of the bunch are NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), which are best known for their graphics card and PC-based microprocessors, respectively. Neither company has exactly been forthcoming with regard to how much of their sales are tied to cryptocurrency mining, but each company has clearly benefited in recent quarters from the sale of graphics processing units (GPU). NVIDIA’s full-year results pointed to 41% year-over-year sales growth, with Advanced Micro’s sales up 25% on an annual basis.

In fact, demand for GPUs has been so strong that the price of graphics cards, new and old, has been shooting higher. This actually creates a bit of a conundrum for NVIDIA and AMD, as Advanced Micro Devices is more commonly known. The core customers for both companies are avid gaming enthusiasts and enterprise clients. If crypto mining demand continues to pluck supply from the market, the high price for graphics cards could cause a rebellion among NVIDIA’s and AMD’s core customers. Then again, if these companies create a product specifically for crypto mining, they’ll drive down prices by increasing supply and squash the sales and margin boost they’ve recently experienced.

While both companies certainly have a lot going on beyond the cryptocurrency mining industry, it’s possible that their share prices could reflect the ebbs and flows of virtual currency token prices, so it’s something to keep in mind.